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On Wednesday, US Senator Elizabeth Warren called for the Securities and Exchange Commission (SEC) watchdog to investigate whether the Donald Trump administration profited from dropping crypto enforcement against the likes of Justin Sun, Binance, and Coinbase.  In a letter to the SEC’s Inspector General Deborah Jeffrey — who is responsible for investigating “allegations of wrongdoing or misconduct involving SEC programs, operations, or personnel” — Warren asked if she could probe the agency, members of the White House, or anyone with direct ties to Trump’s family and business partners to find out if they influenced SEC crypto policy. If this turns out to be the case, Warren wants to uncover if they made a profit from any crypto policy meddling. She said, “President Trump, his closest advisors, and his family members all stand to benefit from boosts in the crypto industry.” SEC drops high-profile crypto cases in pivot Read more: ETH down 39% sinc...

World Liberty Financial (WLF), the Donald Trump-endorsed and Justin Sun-advised cryptocurrency project, has been diversifying the holdings in its multisignature wallet. Donald Trump Jr. noted on X that WLF has recently acquired millions in ether, AAVE, LINK, and Ethena, as well as Sun-founded TRON, and Sun-advised Wrapped Bitcoin.  Sun, for his part, has been reposting posts about these purchases and claimed that he believes that if he has “made any money in cryptocurrency, all credit goes to President Trump.” World Liberty Financial has acquired millions in ETH, AAVE, LINK, Ethena, TRON, and Wrapped Bitcoin. Read more: VIDEO: Trump’s World Liberty Financial explained in 2 minutes Looking at token holdings with a value greater than $1 million the largest holding is ETH, which if you combine the native token, staked ether, and Wrapped Ether, totals over $215 million . There is also over $7 million worth of Sun-founded TRX tokens.  There are ...

The Sun Token price (SUN) dropped more than 8% in the last 24 hours after Tron founder Justin Sun announced a 100% on-chain buyback and burns program for meme coin launchpad SunPump. Following the steep price drop, SUN traded at $0.03121 as of 8:40 a.m. EST. Despite the pullback, the crypto is still in the green by more than 291% on the monthly time frame, according to CoinMarketCap data . Justin Sun Announces Buyback And Burn Initiative For SunPump Sun announced that the Tron meme coin community has decided to implement a 100% buyback and burn program for SunPump . This decision follows a discussion within the community that moved away from initial intentions to burn tokens from liquidity pools, according to the Tron founder. Regarding the issue of revenue buyback and burning for @sunpumpmeme , the community previously suggested burning liquidity LP tokens because this approach is used by mainstream meme tokens like SHIB. Burning LP tokens has several advantages, including incr...

A decentralized finance protocol by the name of Sun.io, which is linked to Tron founder Justin Sun, has launched a Tron meme coin creation platform called SunPump. The platform will allow users to create meme coins on the Tron blockchain, which will put it in direct competition with the Solana meme coin launchpad Pump.fun . SunPump To Address Rug Pull Concerns Although meme coins are often launched as a joke, there are multiple examples of these light-hearted projects climbing the crypto ranks to establish a name for themselves in the nascent crypto space. Altcoins such as Shiba Inu (SHIB), Pepe (PEPE) and Dogwifhat (WIF) have all risen on the charts after building a loyal following. Platforms such as Pump.fun have made it relatively simple and cheap for anyone to create their own meme coin. This has subsequently made it a lot easier for bad actors to enter the market and rug pull tokens after investors have bought into the cryptos. The Sun.io team aims to address this, and said ...

According to on-chain data shared by OKLink on February 27, two addresses beginning with 0x176F and 0x611F linked to Tron founder Justin Sun have become the 5th and 6th largest holders of stETH, respectively. advertisement Justin Sun became one of the largest holders as he again staked over 88,000 Ethereum in Lido today through 0x611F. CoinGape earlier reported, Justin Sun staked over 200,000 ETH through 0x176F. His personal staked ETH has exceeded 300K Lido staked ETH ( stETH ), which is about $500 million. It clearly indicates that Justin Sun is bullish on the Ethereum Shanghai upgrade and wants to utilize the opportunity. In fact, Ethereum staking continues to rise as the Shanghai upgrade comes near. Justin Sun has continued to deposit ETH into Lido all through the weekend. Also Read: Ethereum Shanghai Upgrade, Developers Reveal Key Details Ahead Of Sepolia Upgrade Trending Stories ETH Price Prediction: New Rec...

Like birds of the same feather, well-established firms from the crypto space have collapsed one after the other this year. FTX’s downfall last month took the entire space by surprise. Evidently, the arrest of the exchange’s founder Sam Bankman-Fried was cheered by the people from the industry. In a recent interview with Bloomberg, Tron founder Justin Sun acknowledged the same. Opining on the how the ongoing sluggish phase is perhaps coming to an end, Sun said, “I believe, first of all, the fall of FTX probably marks the end of the crypto bearish market. I believe this is the last bad news we have.” Even though the landscape seems to be comparatively less wobbly now, it should be noted that the domino effect is still on. As reported earlier during the day, US-based publicly traded Bitcoin mining company Core Scientific is one of the latest firms to file for for Chapter 11 bankruptcy protection in Texas. tRON g>Read More: Bitcoin Mining Firm Core Scien...